Freeman Inc

Freeman Inc. reported a profit of $40,000 for 20X0. The income tax return excluded a revenue item of $3,000 (reported on the income statement) because under the tax laws the $3,000 would not be reported for tax purposes until 20X1. Assuming a 30% income tax rate, this situation would cause a 20X0 future tax amount of which of the following?

A) $3,000 (debit)
B) $3,000 (credit)
C) $900 (debit)
D) $900 (credit)